ICICI Bank Sri Lanka reportedly plans to launch a Visa-branded prepaid remittance card in the third quarter. The card would enable recipients to make retail purchases and to access funds transferred from abroad through ATM withdrawals. Bank officials offered no comment to CardLine Global. The reloadable card would access funds in Sri Lanka rupees. Consumers will be able to use the cards at more than 1,000 ATMs in Sri Lanka. ICICI is based in India.
JPMorganChase, Goldman Sachs, Citigroup, Morgan Stanley, Wells Fargo and Bank of America are among the biggest backers of data centers. Community opposition isn't slowing them down, but it's making them rethink their approach to managing risks.
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